Essay Example on Retention: High Challenge for Companies in This Era

Introduction

The challenge of employees' retention is so high at this era of more competition and other contemporary issues facing the business environment, for instance, technological advancements. A successful company needs to attack all angles to retain the current skilled work force in the organization. In addition, the high costs of recruitment and training new employees is a challenge that many companies should forego. Therefore, the current employees should be highly motivated to work in the company they are currently attached to. This responsibility falls on the hands of the managers. What should a manager do to ensure that he retains the current employees? The answer is simple: motivate them to feel that they are a part of the company. Let them own the productivity and the success of the company. Failure to do this, the company will have a higher employees' turnover rate, which will have a negative effect on the company's productivity.

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Objectives

• To ascertain the relationship between motivation and the employee performance .
• To find out the factors that effects employee performance within the organization.
• To analyze the impacts of motivating employees on their performance.
• To survey the extent of motivation and encouragement on employees' prospects.
• To study the employees' performance level augmented by motivation.

Components

• Job design
• Performance management
• Compensation management

Employee benefit

• Research questionsHow does encouragement and motivation effect employee performance?
• How are motivated employees more productive?
• How does a successful manager meet the employees' prospects?
• Which motivational factors effect employees' performance?

Hypothesis statement

In today's business environment, the encouragement and motivation of employees have a great positive impact on their performance. Motivated employees will be, by default, more productive and their prospects will be met. The success of a company highly depends on the ways the company motivates its employees.

Literature Review

Global economic procedures have led to the need for secure information encompassing enhanced communication, elasticity, novelty, and organizational learning, all of which aim to improve staff performance and productivity. Unavoidably, this has led to "information-revolution. "Sending encouraging messages to employees/staff is part of what is referred to as "information-revolution" (Webb, 2019). Freeman further argues that sending encouraging messages has a link to staff performance as well as productivity. This is based on the notion or instead derived from the idea that the more information provided to the staff member, the better the anticipation of productivity and improved work performance (Webb, 2019).The need for the well-organized but reasonably priced channel of communication, for sharing encouraging messages increases electronic interaction.

Motivation is an important part of understanding employee behavior, psychology, desire and expectations (Robescu & Iancu, 2016). Organizational goals are unattainable unless the management department of a company motivates the employees. The employees are influenced by motivation to satisfy their needs, safety and job security. If the employee can participate in the organization decision making, it will be beneficial to the organization in getting new ideas and finding out the talented and skilled personnel. Decision making allows the employees to realize their own identity and actions (Andriana, Riyanto, & Darmawan, 2019).

Another important thing is productivity. Productivity is the production capacity of the employees in an organization (Hagiwara, 2018). There is a relationship between motivation and productivity. Motivated employees are committed to the organization. They always try to maintain the quality of the goods as well as increase the organization productivity level. As a result they can easily achieve the organizational goal. Motivated employees are satisfied with their work.

Research methods

Participants

In researching the topic essay, for this purpose, data will be collected through a questionnaire from the employees working in a bank. The bank will be chosen randomly. The recruitment criteria that will be used is to sample 35 employees working within the teller department of the bank chosen.

Independent and dependent variable In evaluating the construct validity, assess the construct validity of staff productivity. In the above banking institution, this research essay will rely upon or instead perform a differential-groups study. This will compare the scores of the white bank employees in their 30's who receive encouraging messages from their computers as well as the bank employees that will not receive supportive messages from their computers. If the group that productivity scores higher on the productivity test than the group without encouraging words, this is confirmation of the construct validity.

Dependent variable that this research will be based on is the ability of the employee to perform or employee's productivity after being sent encouraging messages on their computers. The productivity test will be conducted based on the variable (employee's productivity) vis-a-vis the encouragement texts sent to their networks. The psychological construct for this variable will be the staff member's ability to work fast as well as stress levels. The independent variable to be used by this research will encompass the act of not sending encouraging messages to the staff member's computers to see whether the employee's productivity or performance will improve. The independent variable m manipulated by the researcher to know the impact on productivity in employees would be the act of not sending encouraging messages.

Research Methodology

Overview

This section of the research paper will outline the research design that we will use, the data collection method used, the research design, procedure of collecting the data, and the data analysis. In addition, a brief discussion concerning the limitations of the study will be included.

Research Design

A research design is the plan for collecting and analyzing data in a manner that combining relevance to the research purpose with economy in procedure. The research design for this research will be a descriptive survey through questionnaire.

Sample Design/plan

Sample size: 50 Respondents

Techniques: Simple Random Sampling

Measurement Scaling: Nominal Scale

Method of questionnaire: Survey Method

Type of research: Conclusive Research (Descriptive)

Sources of Data

Primary source: Field Work

Secondary source: Internet, Web Browsing, Books

We will collect the data from different people through a structured questionnaire: a survey. Respondents will give their answers as the options are given to them.

Procedure

When undertaking this experimental research, it would be very significant to monitor the experimental and control groups (bank tellers) extremely intimately, especially when they are sent or not sent the text messages encouraging them to their computers. The control group will aid this research in observing the changes in the work productivity/stress level of the bank tellers due to both independent and dependent variables, as such changes may be very apparent.

Data analysisWhen the sample population fills all the questionnaires, the raw data will be filled in a Microsoft excel spreadsheet. This will help in eliminating all data entry errors, which might have resulted from the survey chosen. A better data Analysis tool may be used, for instance, the Statistical Package for Social Science (SPSS). This raw data will then be subjected to quantitative analysis.

SPSS will aid in the data analysis since it aids in a better quality data analysis and can handle a broader quantitative data. It can also enable us to conduct a range of statistical tests quickly and accurately, while being able to present the findings in the form of tables and graphs (McCormick & Salcedo, 2017). Graphical representation of data is a useful tool in describing data in a way that enables patterns and relationships to be fathomed in a way that is not apparent in raw data.

DiscussionTo recap on the objectives of this study, we need to ascertain the relationship between the encouragement and of employee and their performance. A linear regression analysis mod...